Stock Analysis on Net

Altria Group Inc. (NYSE:MO)

This company has been moved to the archive! The financial data has not been updated since October 31, 2024.

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Altria Group Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $54.46
No. shares of common stock outstanding 1,694,812,982
US$ in millions
Common equity (market value)1 92,300
Add: Noncontrolling interests (per books) 50
Total equity 92,350
Add: Current portion of long-term debt (per books) 1,121
Add: Long-term debt, excluding current portion (per books) 25,112
Total equity and debt 118,583
Less: Cash and cash equivalents 3,686
Enterprise value (EV) 114,897

Based on: 10-K (reporting date: 2023-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 54.46 × 1,694,812,982


Historical Enterprise Value (EV)

Altria Group Inc., EV calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Share price1, 2 $40.90 $46.54 $51.48 $43.60 $42.49
No. shares of common stock outstanding1 1,763,461,775 1,785,563,827 1,817,257,322 1,858,689,654 1,858,366,804
US$ in millions
Common equity (market value)3 72,126 83,100 93,552 81,039 78,962
Add: Noncontrolling interests (book value) 50 50 86 97
Total equity 72,176 83,150 93,552 81,125 79,059
Add: Current portion of long-term debt (book value) 1,121 1,556 1,105 1,500 1,000
Add: Long-term debt, excluding current portion (book value) 25,112 25,124 26,939 27,971 27,042
Total equity and debt 98,409 109,830 121,596 110,596 107,101
Less: Cash and cash equivalents 3,686 4,030 4,544 4,945 2,117
Enterprise value (EV) 94,723 105,800 117,052 105,651 104,984

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Altria Group Inc. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 40.90 × 1,763,461,775

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Altria Group Inc. EV decreased from 2021 to 2022 and from 2022 to 2023.